The Fed is widely expected to sit on its hands for the time being, so traders are keen to find out when the next policy moves might be.
Our Event Guide for the January FOMC Decision points out that several FOMC members have been calling for a more measured approach to easing, given the latest economic improvements.
Check out these potential breakouts on USD/JPY and USD/CAD if the Fed shifts to a more hawkish stance this week.
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